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Decision
Lucía Carmona Paredes, Carmen
Lucía Carmona Paredes, Carmen
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Abstract
"The !nancial crisis and frauds that have occurred in the last decade have inspired an extraordinary wave of regulatory reforms, changes in corporate governance structures, adoption of codes of ethics, and implementation committees (Dominguez, Alvarez and Sanchez, 2009). However, despite these clear efforts that promote ethical behaviour in the !nancial world, the fact is that the link between preventive solutions and a reduction in the number of scandals is not clear. (Huse, 2005; Roberts et to the, 2005; Hans et to the, 2009; Schwartz, 2005; Bonn & Fisher 2005). That is, to quote the popular saying, there is still a «gap between what it is said and what it is done”. Therefore, the new question that arises is how to form this bond and transform a code of ethics in ethical actions? The answer lies in a change in the decision making process since the decision is the time bag between re"ection and action, that is, between the code of ethics and the ethical behaviour."(pg 95)
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Article
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2011
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With permission of the license/copyright holder